ARC Announces Quarterly Dividend
Rhea-AI Summary
ARC Document Solutions (NYSE:ARC) has declared a quarterly cash dividend of $0.05 per share. This dividend will be payable on May 31, 2023 to shareholders of record by April 28, 2023. The ex-dividend date is set for April 29, 2023. This announcement underscores ARC's commitment to returning value to its shareholders while continuing to partner with prominent brands using advanced digital printing technologies and sustainable practices across various industries.
AI-generated analysis. Not financial advice.
Positive
- Quarterly cash dividend of $0.05 per share demonstrates confidence in financial stability and commitment to shareholder returns.
- Payment date of May 31, 2023, provides timely income opportunity for investors.
Negative
- None.
News Market Reaction – ARC
On the day this news was published, ARC gained 5.21%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SAN RAMON, CA / ACCESSWIRE / February 9, 2023 / ARC Document Solutions, Inc. (NYSE:ARC) on Thursday announced that its board of directors declared a quarterly cash dividend of
About ARC Document Solutions (NYSE:ARC)
ARC partners with top brands around the world to tell their stories through visually compelling graphics. We use advanced digital printing technology, sustainable materials, and innovative techniques to bring their vision to life. ARC also provides other digital printing and scanning services to a wide variety of industries all over North America and in select markets around the world. Follow ARC at www.e-arc.com.
Contact Information:
David Stickney
VP Corporate Communications & Investor Relations
925-949-5114
SOURCE: ARC Document Solutions
View source version on accesswire.com:
https://www.accesswire.com/738854/ARC-Announces-Quarterly-Dividend